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Management · Q366

International Finance and Treasury

Graduate and Post Graduate · Management · question 366

Q366

Year in which Eurobonds are issued for first time in financial markets is

A.
1963
Answer
B.
1953
C.
1983
D.
1962

Answer: Option A

Solution

Answer: Option A
Solution:
Year in which Eurobonds are issued for first time in financial markets is 1963. On July 1, 1963, Autostrade had issued the world's first eurobond. Despite its name, the bond was dollar-denominated and pitched at US currency investors operating across national borders.